
Sustainability and ESG News
PRI Launches Framework to Turn Sustainability into Value
The Principles for Responsible Investment (PRI) has launched a major initiative aimed at transforming how private market investors think about sustainability, not as a cost center, but as a source of measurable value. The newly published Sustainability Value Creation (SVC) guide introduces a comprehensive framework for integrating sustainability across the investment process to enhance financial returns.
Created in partnership with Bain & Company and NYU Stern Center for Sustainable Business, and informed by over 400 private market investors globally, the guide is a milestone in PRI’s ongoing effort to move ESG from policy to performance.
SEC Approves First U.S. Green Stock Exchange
The U.S. Securities and Exchange Commission (SEC) has approved the Green Impact Exchange (GIX), the first U.S. stock exchange dedicated to sustainability. Set to launch next year, GIX aims to meet the growing demand for sustainable investments.
KPMG Releases 2024 ESG Due Diligence Study
A recent KPMG study reveals that 61% of investors in the European Market for Alternative Investment Funds (EMA) prioritize ESG due diligence, driven by the potential for monetary gains.
Private Equity Investors Lead the way in ESG in M&A
This month, Deloitte released a new a new poll that shows that private equity investors (PEI) could be paving the way when it comes to ESG diligence procedures and considering ESG provisions in M&A. According to the poll, PEIs are leading by factors of two or three compared to their corporate peers when it comes to the use of ESG clauses in deal contracts and routine ESG due diligence.